All Things Business

Richland Mall Store Escapes Closure As Sears Declares Bankruptcy

22 Oct , 2018  

Updated with additional information: Tough times in the bricks-and-mortar end of retailing continue, as evidenced this month by the expected bankruptcy of the venerable Sears department store chain.

Sears also owns and operates K-Mart and other allied operations. More…

, , ,

All Things Business

Sears In Ohio, Ontario Holding Its Own

8 Jan , 2018  

When the news came during the last few days of Kmart and Sears stores which will close across the country in the coming weeks, Richland County and Ohio fared quite well.

Neighboring states will see several closures; Pennsylvania, for instance, is set to lose 10 Kmart and three Sears locations. Ohio has only two closures – a Kmart in Warren and a Sears store in Cincinnati. More…

,

All Things Business

JC Penney To Shutter 138 Stores; Richland Mall Store Not Impacted

18 Mar , 2017  

The decline of America’s department stores continues, as another major retailer has followed through with promises to close a large number of its stores.

Veteran retailer JC Penney announced this week that it is closing some 138 of its stores nationwide, which is approximately 10% of its retail footprint. The move is expected to displace some 5,000 workers. More…

, , ,

All About Richland

Ontario Retailer To Close

4 Mar , 2017  

Retailer hhgregg is closing some 88 stores nationwide, as well as three distribution centers, as a part of what it is calling “actions to advance turnaround.”

Unfortunately, those 88 locations include the Ontario store on Lexington-Springmill Road. More…

,

All Things Business

Macy’s, Sears Closings Announced; Richland County Stores Survive The Cut

6 Jan , 2017  

Back in September, we looked at the then-new announcement from Macy’s that it planned to close some 100 stores before the end of 2017. Then, later the same month, we shared other news from national retailers about impending reductions in size.

This week, two announcement about closures have been made, and in both cases, Richland County locations have survived this round. More…

, ,

All Things Business

Macy’s May Not Be Only Mansfield Area Retail Location In Question

27 Sep , 2016  

We recently shared a story from Advertising Age looking at the factors which may be used in determining which Macy’s are among the 100 locations to be closed in 2017.

As it turns out, many national retailers are planning to deal with changes in consumer behavior – particularly the rise of online shopping – by shuttering some of their physical locations. As this story on the blog of self-styled consumer expert Clark Howard shares, however, chains that are making similar plans include some with Mansfield area locations. More…

,